Real Estate

Prominent broker urges feds to rethink plan to sell downtown office buildings

With at least one federal department already worried it won’t have enough space to bring its employees back to work four days a week, a prominent commercial real estate broker is calling on the feds to reconsider plans to sell some of their downtown office properties.

Townhouses proposed as part of partial demolition plan for Westboro convent site

A new development proposal has been filed for the long-vacant former Sisters of the Visitation convent property...

Space crunch ‘inevitable’ as feds set to expand return-to-office mandate, real estate execs say

A spokesperson for Public Services and Procurement Canada said Tuesday the department “does not anticipate any challenges” finding enough room in its existing portfolio for workers who will need to be in the office an extra day each week starting July 6.

TCU Development partners with Fiera Real Estate to develop former Mandarin Ogilvie site

Ottawa-based TCU Development Corp. is teaming up with a Toronto developer to construct a 271-unit rental apartment complex in the city’s rapidly growing Cyrville neighbourhood.

PM announces eight affordable housing projects in Ottawa under Build Canada Homes program

Prime Minister Mark Carney announced Thursday that eight affordable housing projects creating more than 1,100 rental homes...

Family plan: Shabinsky-led Glenview Homes launches expansion to Texas

Glenview Homes co-founder and executive director Jake Shabinsky told OBJ Wednesday his firm has hired veteran Houston-based developer Blake Roberts to head a new subsidiary in Texas’s largest city.

Industrial rents fall slightly in Q1 as Ottawa market shows ‘signs of stabilization’: Colliers

Ottawa’s industrial market is “showing signs of stabilization” after several years of rapid growth, a new report...

House prices to increase 2% in Ottawa this year, Royal LePage forecast says

The aggregate price of a home in Ottawa will increase two per cent in the fourth quarter...

Markham developer plans three-storey ‘wellness spa’ next to Brookstreet Hotel in Kanata North

The city’s planning and housing committee has approved a zoning amendment to allow a “destination wellness spa”...

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